Anonymous trader loses $5.39M in one day on BTC short position

An anonymous wallet starting with 0x94d incurred a $5.39 million loss in a single day, marking the largest 30-day loss on Hyperliquid (HYPE). The wallet, which held over $100 million in short positions on Bitcoin and Ethereum, preemptively sold 1,184.74 BTC today to avoid liquidation amid the market rally.